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Tag Archives:
Economy
New York congressman urges Biden to consider easing Canada-U.S. border restrictions
WASHINGTON - One Capitol Hill lawmaker is ramping up the pressure on President Joe Biden to begin reopening the Canada-U.S. border. New York congressman Brian Higgins wants the White House to prioriti...
The Canadian Press
Mar 10, 2021
COVID-19-related spending set to drop sharply over coming year: PBO report
OTTAWA - Parliament's budget watchdog says the portion of federal spending related to COVID-19 is set to drop by 86 per cent in the coming fiscal year compared to 2020-21, as Canada transitions away f...
The Canadian Press
Mar 10, 2021
Consumer prices up 0.4% last month but core prices moderate
WASHINGTON - U.S. consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. But core inflation, excluding food and energy, posted a much small...
The Canadian Press
Mar 10, 2021
Bank of Canada keeps key interest rate target on hold despite more upbeat forecast
OTTAWA - The Bank of Canada kept its key interest rate on hold Wednesday even as it said it now expects the economy will grow over the first three months of this year, an about-face from its previous ...
The Canadian Press
Mar 10, 2021
Alberta's Toews says final bill on defunct Keystone XL not 'materially' above $1.3B
EDMONTON - Alberta's finance minister says taxpayers won't be on the hook for much more beyond $1.3 billion already committed to the defunct Keystone XL oil pipeline. "Our total exposure is just under...
The Canadian Press
Mar 09, 2021
Liberals told to think beyond child care in work to craft 'shecession' recovery plan
OTTAWA - Decades of job gains for women could vanish if Ottawa's plan to recover from the COVID-19 pandemic doesn't rethink federal skills programs and stimulus plans, experts said Monday.Low-income w...
The Canadian Press
Mar 08, 2021
As debate rages over cross-border pipelines, U.S. analysts brace for more oil by rail
WASHINGTON - The fierce debate over cross-border pipelines is putting more Canadian oil and gas on trains destined for the United States - a country experts fear is ill-equipped for the potential cons...
The Canadian Press
Mar 07, 2021
In pre-budget request, cities ask Liberals for $7 billion for rapid-housing program
OTTAWA - Canada's municipalities are asking the federal government to include $7 billion in its upcoming budget for cities and housing providers to buy disused properties and quickly turn them into af...
The Canadian Press
Mar 05, 2021
Line 5 'very different' from Keystone XL and Canada will fight hard for it: O'Regan
WASHINGTON - The federal government won't let Michigan shut down the Line 5 pipeline, Canada's natural resources minister said Thursday as he dismissed opposition comparisons to the thwarted Keystone ...
The Canadian Press
Mar 04, 2021
UK extends job support, tax breaks for pandemic-hit economy
LONDON - Britain's treasury chief on Wednesday announced an additional 65 billion pounds ($91 billion) of support for an economy ravaged by the coronavirus pandemic, extending job support programs and...
The Canadian Press
Mar 03, 2021
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